EXECUTIVE ASSISTANT
Job Responsibilities:
Supplier Identification and Management:
- Identify and evaluate potential suppliers based on quality, pricing, and reliability.
- Maintain strong supplier relationships.
Price Negotiation and Cost Control:
- Negotiate pricing and terms with suppliers while ensuring quality standards and identifying cost-saving opportunities.
Purchase Order Processing:
- Generate accurate purchase orders and ensure compliance with company policies.
Procurement Coordination:
- Collaborate with departments to meet procurement needs.
Inventory Management:
- Monitor stock levels and optimize inventory to minimize costs.
Quality Assurance and Compliance:
- Ensure purchased goods meet quality standards and comply with regulations.
Documentation and Reporting:
- Maintain accurate procurement records and prepare regular reports.
Skills Required:
- Continuous Improvement mindset.
- Background in Mechanical Engineering or Supply Chain Management.
- 2+ years of experience as a Purchase Executive or similar role.
- Familiarity with procurement processes and vendor management.
- Strong negotiation skills and organizational skills.
- Proficiency in Microsoft Excel and procurement software.
- Excellent communication and interpersonal skills.
- Ability to work independently and in a team.
- Knowledge of procurement regulations is a plus.
Salary: ₹12,000 to ₹30,000 based on experience and skills.
Key Performance Indicators (KPIs) for Purchase Executive:
Cost Management:
- Procurement cost savings.
- Average cost per purchase order.
- Supplier price variance.
- Inventory carrying costs.
Procurement Efficiency:
- Purchase order cycle time.
- Percentage of purchases made under contract.
- Percentage of purchases made through preferred suppliers.
- Percentage of purchases made through e-procurement.
Strategic Sourcing:
- Percentage of purchases made through strategic sourcing initiatives.
- Supplier consolidation rate.
- Cost avoidance through strategic sourcing.
- Supplier innovation contribution.
Supplier Performance:
- On-time delivery rate.
- Quality defect rate.
- Supplier lead time.
- Supplier satisfaction.
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